China fines Meituan 3.4 billion yuan for monopolistic conduct by Sheldon Cooper / SOPA Images
On October 8, 2021, China's State Administration of market supervision made a decision on administrative punishment according to law, holding that meituan company violated the anti monopoly law of the people's Republic of China, ordered meituan company to stop its illegal acts and imposed a fine of 3.442 billion yuan. On September 20, 2018, meituan company was officially listed on the Hong Kong stock exchange.
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